CECO Environmental to Acquire Thermon Group for $2.2 Billion
CECO Environmental Corp. (CECO) entered a merger agreement on February 24, 2026, to acquire Thermon Group Holdings, Inc. (THR) in a deal valued at $2.2 billion. Deal Structure:…
Written byAsif SuriaSource: InsideArbitrage
CECO Environmental Corp. (CECO) entered a merger agreement on February 24, 2026, to acquire Thermon Group Holdings, Inc. (THR) in a deal valued at $2.2 billion. Deal Structure: Thermon shareholders will have the ability to elect to receive one of the following forms of consideration: mixed consideration consisting of $10 in cash and 0.684 shares